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CBS
Dec 27, 2012 7:00am PST
force one early this morning and headed for washington to deal with unfinished fiscal cliff business. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, mr. obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that would happen if there is no deal. after our wednesday conference call, house republican leaders issued a statement saying they were waiting for the democratic controlled senate. the house will take this action on whatever the senate can pass they said but the senate first must act. in a sign of public frustration over the lack of a de
CSPAN
Dec 30, 2012 7:00am EST
this fiscal cliff the line. if go to indiana on the democratic line. jay is waiting. caller: good morning. and, for taking my call. -- thank you for taking my call. i feel like our americans are politicians bosses. the government gets the money from us. i do not see how they have the right to sit there and play politics with each other and try to make decisions that are going to just benefit them. maybe a small part of the population. this is the united states. we're supposed to be tried to help everybody. we cannot be scared of what is clear to happen to us when many people are barely able to meet their bills. they may have to be afraid of what is going to happen to them. what kind of government would do that to their people? they should try to make us feel calm. like we are really going to get something done. host: from crawford, indiana this morning. on twitter -- another tweet i want to read this morning -- jodi wrtes in -- we will be taking your calls all of this morning for this segment and the next segment on the "washington journal." we told you what was going on in the senate. here is
CNN
Dec 29, 2012 5:00am PST
the fiscal cliff, and that's what our focus issen ob this morning. for his part, president obama says he's modestly optimistic they can work things out. even if a deal is thrown together, senator harry reid says what they come up with could be imperfect and some people aren't going to like it. bringen in independent new york stock exchange trader joining us from new york. good to see you. >> good to see you, alison. thanks for having me. >> as you said, washington has been kicking the can down the road. so what are the chances of a real deal going through at the very last minute? things sound a little more optimistic last night, if you listened to president obama. >> i think they have to sound optimistic. the last thing they want to do is not sound optimistic. here's the problem. we've come right to the 11th hour. the fact there's going to be a substantive deal that comes out in the 11th hour is probably nailed to zero. in my sense, it's easier to go over the cliff. then there's clarity, right? taxes up, spending cut. the market will know what is going to happen. it can only get better f
CBS
Dec 31, 2012 7:00am PST
biden are struggling to avoid the fiscal cliff. congressional those negotiations continue this morning. nancy cordes is on capitol hill. nancy, good morning. negotia >> reporter: good morning to you, norah.morning. the negotiators do appear to mo they haveove appeared to move si gn closer to one ntlpsianother.gy panifirtcantly particularly on democrats have come way up from pthi thes isthissue issof president's ue of tax cuts. longstandingde mocrdemoats crathave s ha comve position that ce thewaome y bush taxupway froup fm rom the president's longstanding position that the bush tax cuts should expire for all household income over $250,000 a year. republicans have come way down from speaker boehner's insistence that that limit be set at a million dollars. and so if there's a deal today, and that's a big "if," you can expect it would be set around $400,000, $500,000, $600,000 a sopyea cerr, staino certainly 90%, 95% of americans would be keeping their tax cut. one of the biggest sticking points for the republicans right now appears that this deal doesn't includ
CBS
Dec 31, 2012 7:00am EST
to the hospital with a blood clot. >>> and less than 24 hours until the nation heads over the fiscal cliff. we'll go to washington to see if lawmakers are any closer to cutting a deal and we'll tell you what will happen if they don't. >>> we begin with today's "y opener," your world in 90 seconds. >>> hillary clinton will be celebrating the new year from a hospital bed. >> secretary of state hillary clinton is hospitalized in new york city. >> she's got a blood clot she suffered from a fall. >> it left her severely dehydrat dehydrated. clinton had been planning to return to work this week. >> there's still significant difference between the two sides. >> today the final day of fiscal cliff negotiations. >> i want everybody know i'm willing to get this done but i need a dance partner. >>> vice president joe biden is now in on negotiations. >> do i wish things were more order will i in washington? absolutely. >>> a tour bus crashed on an icy oregon highway has killed nine people and injured 20 others. >> today is december 231st. there's going to be a huge celebration in times square with everyon
CNN
Dec 29, 2012 3:00am PST
tock, the clock is ticking. three days from possibly going over the fiscal cliff. it's our focus this morning. if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households come tuesday. look at these numbers from the tax policy center. some of the poorest americans who make up to $20,000 a year, will have to shell out $412 more to the irs and everyone earning more than $40,000 a year will be affected. if you make $40,000 to $64,000, you'll pay almost $2,000 a year, if you make between $64,000 to $108,000, that jumps up to 3,500. and anybody making more than $108,000, yeah, you'll have to give up a little more than $14,000. overall, the average american will pay more than $3,500 a year. will lawmakers be able to pull off a deal before the new year? here's cnn chief correspondent ali velshi. >> alison, i have no idea whether we'll get a fiscal cliff deal done or not. i do have a pretty good idea as to how we got into this gigantic pickle in the first place. >> now we've passed a bold package of tax relief for america's families a
CBS
Dec 24, 2012 4:00am PST
cliff. alexis christoforous, "cbs news," new york. >>> coming up on "cbs this morning," an update on your last-minute holiday travel and we'll get a live report from dallas-ft. worth airport. >>> plus, the nra is speaking out in the debate over the gun control. we'll hear from someone from nra >>> and from ""zero dark thirty"" to "lincoln, we'll look back at the best films of 2012. that's your "cbs morning news" on this monday. thanks for watching. i'm duarte geraldino, have a great day. -- captions by vitac -- www.vitac.com december 24. i'm frank mallicoat. >>> you're watching cbs 5 eyewitness news this morning. >>> hi, everyone, and good morning. >>> here's a check of your forecast. >> things beginning to settle down a little bit. not done with the showers yet. the rainfall will be on and off. hoping for a little more sun toward the afternoon and some drier weather on the way. >> and all that rain yesterday packed a punch on the roadways. we had a lot of flooding reports and some roads still shut down. closed by valley ford road. we also have a closure until about 5:00 this morn
CNN
Dec 29, 2012 7:00am PST
story this morning, that looming fiscal cliff. three days left for congress and the president to reach a deal and avoid billions in tax increases and spending cuts. earlier i spoke with former fdic chairman sheilah bear. she gave her predictions on what a deal might look like. >> i do think actually they're going to get a deal. but i think it will be more along the lines of kicking the can down the road. i don't think from this point that we'll get meaningful deficit reduction. certainly not meaningful tax reform. i do think that there will be perhaps a permanent extension of the lower tax rates for those making at least under $500,000. the payroll tax cut on the other hand will go away, i think. it's highly likely. that is going to impact a lot of workers. >> bair also took on the credit sthamp increasing the -- criticism that increasing the tax on capital gains. >> this is an aberration in the tax code. it is grossly unfair. you look at if they raise, say they raise tax rates, the top tax rate to 39.6% for those making more than $500,000, that's going to mean that small businesses, a
CNN
Dec 26, 2012 4:00am PST
. >>> aloha means good-bye. president obama cuts his hawaiian vacation short to deal with the fiscal cliff. it is already too late? good morning, 7:00 in the east. i'm alina cho. >> and i'm drew griffin. soledad o'brien is off today. "starting point" begins right now. >>> our starting point, a cruel one. a one-two christmas punch from mother nature. tornadoes and blizzards tearing through the south and midwest. >> oh, my god. we need to go. it's right there. >> mobile, alabama, took a real beating. a twister blowing up transformers, leaving more than 25,000 customers without power. reports to damage to homes, a high school, and church. >> it came in behind the church right there, and then all green fluorescent lighting and popping transformers left and right. and we heard the crashing and everything and the power went out. >> i prayed to god as loud as i could, and i was just praying for my safety, and i knew the church was shaking. i just prayed that the church stayed put. >> here is the other half of this story, blizzard conditions blanketing much of the midwest and the northeast will ge
WHUT
Dec 31, 2012 7:00am EST
austerity package known as the fiscal cliff, something almost nobody wants is due to descend on the american economy. >> we will come in at 11:00 tomorrow morning and that further announcements. >> if there's no doubt, the price of failure could be high. the average american, might see their taxes rise by as much as $2,000 a year. as spending cuts take money from the economy, a second american recession becomes a possibility. confidence in america will be shaken. the financial markets may take fright. president obama believes it is time for the wealthiest americans to pay more in taxes. he has made that part of his negotiating position. he criticized republicans for resisting these tax increases. >> they said the biggest party is making sure we deal with the deficit and a serious way. the way they're beating is their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overriding unifying theme. >> the republican party argues it is ready to deal. it is the president and democrats were not. >> there's no single issue that remains
CNN
Dec 25, 2012 4:00am PST
. the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was supposed to be an incentive to do, we're expecting now that this is just some measure to avert the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting white house reporter you are. i want to know whether it's apple kay, pumpkin pie or peekan pie for the president and first family on christmas day. any news on the menu? >> reporter: no, i am still waiting to find out. maybe we'll find out a little later today. you don't frequently find out until they have just release
FOX
Dec 26, 2012 7:00am PST
the fiscal cliff. we know the president is headed back to washington early tomorrow morning to try to deal with the talks. market not that happy. >> time now 8:43. let's get you updated on the top stories. four people were taken to the hospital after a family christmas party in alameda ended in a stabbing. an argument between two sisters be he came violent when one grabbed a knife and stabbed the other. during it three others were hurt. the sister was later arrested. >>> at least six deaths blamed on the weather sweeping through the south. right now several states from arkansas to kentucky are under blizzardings. >>> the president and congress will try one more time to reach a deal before falling off the fiscal cliff. the president will cut his vacation short. >> happening now bargin hunters out looking for a day after christmas sale. we are live at the valley fair mall to tell us about those deals. >> reporter: hi. if you have something to return or you need to use a gift card it's a good time to come. there are plenty of spots where you can park and i just walked inside in to the mall
CNN
Dec 28, 2012 6:00am PST
the fiscal cliff is to those who are out of work, specifically to the 2 million americans who will lose their federal unemployment benefits an average of about $300 a week if no deal is reached. >> good morning. >> you were laid off a year ago. tell us your story. >> well, yes, i was laid off a year ago around this time in december. and i received employment so i've been trying to look for a job which has been very difficult, on the internet every day. i also tried to start my own small business in the same field, janitorial services, which the whole thing of not having any money has caused a great hardship because i'm unable now to finance my business as well or get a small business loan because i don't have a job. >> $300, i just want to jump in, i apologize for cutting you off $300 a week doesn't get you very far to the point of financing a business. how much did this cover just your everyday expenses of living and taking care of your grocery bill and all that you have to pay for? >> well, in actuality, it doesn't. it doesn't even cover my entire rent. we have to juggle to pay the re
CNN
Dec 24, 2012 4:00am PST
. alina. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> white house correspondent brianna keilar is traveling with the president and joins us live from honolulu, hawaii, this morning. i'm talking to republican and democratic sources and they really feel like we're going to go over the cliff. what are you hearing? >> i'm hearing it's a very real possibility, and as you're hearing, they aren't even really talking, democrats and reyou public i had cans, the white house talks to senate democrats, but at this point, the white house is not in any real substan tiff conversations with both house republicans and senate republicans as all eyes turn to t
CNN
Dec 30, 2012 3:00am PST
try to work out on a deal to avoid the fiscal cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance for a deal and what's on the table. >> alison, here in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday, the president was at work here in the white house but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill would have to extend unemployment insurance that would affect some 2 million americans and increase taxes for the highest income earners. but negotiators ca
CNN
Dec 30, 2012 5:00am PST
to avoid the fiscal cliff. both houses of congress are meeting in a rather sunday session. the senate convenes aat 1:00 eastern and the house at 2:00. our chief white house correspondent jessica yellen with the look at the chances for a deal and what's on the table. >> here in washington there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here in the white house, but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill has to extend unemployment insurance that would affect some 2 million americans, and increase taxes for the highest income earners. negotiators can still work out exactly where that tax increase would hit and whether they would halt an increase in the estate tax. in case those discussions break down, the president has asked democratic leader harry reid to prepare a separate bill to put on the floor of the senate that would raise taxes on households that earn $250,000 or mo
FOX News
Dec 27, 2012 6:00am PST
in time. talks underway this morning. the clock is ticking what farmers are calling the dairy fiscal cliff. patti ann. patti ann: aptly named. dominic di-natale live in l.a. for us. thanks. gregg: the deadly winter weather is far from over. new warnings of another powerful system heading our way. the already storm-pummeled northeast really hurting. >> new concerns about what if any progress is being made on those fiscal cliff talks. south carolina republican nick mulvaney is on the house budget committee and he joins us live, next. let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like lerty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we'r
FOX News
Dec 26, 2012 12:00pm PST
the president cutting his holiday vacation in hawaii short to get back to work on avoiding the fiscal cliff. the white house says the president is set to return to the nation's capital tomorrow morning to try to hammer out a deal where lawmakers on stopping automatic tax hikes and deep spending cuts from kicking in, which is set to happen, if you're not watching the calendar, six days from now. if they don't reach a deal many say it could send the country right back into recession. ed henry is live in honolulu, hawaii. is this a sign the president sees progress in the talks? >> reporter: well, good to see you. it may be the opposite. the president's not seeing progress and wants to get back to washington as soon as possible to goose the process. time is running out. economists say we could go into another recession if the fiscal cliff is not dealt with. we just learned house republicans convened a conference call with members to say be on 48 hours notice to come back to washington in the next few days to deal with this one way or another. the senate coming back into session tomorrow morning
FOX News
Dec 27, 2012 2:00am PST
hawaii. five days until we fall off the fiscal cliff. the president returning to washington to try to negotiate things there. doug luzader is life with the president's plans and what could happen if a deal isn't reached in time. >> the president is in the air on board air force one heading back from hawaii. he is going to come back from washington where not much has changed. as far as congress is concerned the senate will be meeting today. interesting little tidbit this is the first time since 19170 there have been legislative business conducted in the weeks of between christmas and new years. we will see some activity on hap t capitol hill. there may be a stopgap measure to try to prevent the calamity that happens at the end of the year if we reach the fiscal cliff. if we do not have some kind of a compromise. here's what's going to happen. just about everybody is going to have a tax increase. the number goes up significantly with incomes. if you are talking 200 to 500,000 in income almost 14,000 dollars in tax hikes. the wealthiest americans people that make a million dollars or
CSPAN
Dec 28, 2012 9:00am EST
:00, president obama will meet with congressional leaders, for more discussion on the fiscal cliff. rhonda, from california. caller: good morning, everybody. i am just really upset. the gop has taken over our congress, they have held it since the president was in. they have destroyed main street. they have taken our jobs. they have taken our houses. now they sit and call me irresponsible. just five minutes ago, they were calling the irresponsible. i one of the most responsible people. these folks, these lawyers, that are running our government, are running us into the ground. they are manipulating us, oppressing us, committing treason as crimes against us, yet we have no voice to do anything about it. this all has to change, and they need to quit blaming main street for what they purposely have done, and i hope we can all come together and find a way through this before all of our families are destroyed. thank you, and god bless you all. host: 84 your call. welcome to c-span. caller: thank you for taking my call. .'m 67 years old recor i get $560, in disability, i have a master's in education, b
FOX Business
Dec 27, 2012 12:00am EST
brews up a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . ♪ . adam: not so beautiful if you're caught in a blizzard hitting part of the country but that's another story. time for a little fun with spare change. we are joined today by fox ne contributor julie roginsky and our ownennis kneale. first up, if you love country, i don't know if you guys are starbks people -- >> i am. adam: dennis are you starbucks? too bitter. >> you're too sweet. adam: starbucks wants to send a message to lawmakers, notice i ignored that one. message to lawmakers about the fiscal cliff. they're using coffee cups to do the job. the ceo at starbucks is urging starbucks workers and employees in the washington, d.c. area to write on the cups, come together, come together right now. i guess quoting the beatles. thursday and friday. dennis, what do you think?. >> that should fix it. that's all we needed. either conjures up very old beatles cliche or elusive quest in the bedroom. they should cut spending or ra
FOX News
Dec 28, 2012 8:00am PST
faulkner. with just days to go until the fiscal cliff deadline president obama and top congressional leaders are set for a crucial meeting. expectations are low for a deal when house and senate leaders head to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for
FOX Business
Dec 26, 2012 5:00pm EST
a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . i thought i could ignore i, and i wished it would just go away. [rock music playing] it was my adhd. and like many kids with adhd, i didn't outgrow it. one of the issues i had was not being able to focus. i would read and i would reread the same sentence. you'd re it over and over and over again. and then, five minutes later, i wouldn't know what i just read. it wasn't sticking with me. it wasn't sinking in. and that, to me, was really frustrating. as i got older, i was still having that issue. and that's when i knew i needed to talk to the doctor. announcer: if you were diagnosed with adhd as a kid, you might still have it. find out more. take a quiz at ownyouradhd.com to help recognize the symptoms, like inattention, impulsivity, hyperactivity, then talk with your doctor. i take responsibility for my adhd. it's youadhd. n it. ♪ . adam: not so beautiful if you're caught in a blizzard hitting part of the country but that's another sto
CNBC
Dec 28, 2012 4:00am EST
crude has climbed above the $100 a barrel mark as u.s. lawmakers attempt to avoid the fiscal cliff. but crude is poised to post its smallest gain in three years. wti is set to post its first annual last in four years. ian, welcome. we've seen this sharp decline in oil prices helping seek through to prices with a lot of americans in the last several weeks. when we look to 2013, should we expect a similar seasonal pattern which is to say a rally during the first part of the year? >> no. i'm not expecting a rally in the fist part of the year, to be honest. what we're still trying to take is the impact of shale oil, shale gas. and i think probably in 2012, the impact was -- or rather the implications of the impact were a much higher than expected. this year it's going to be interesting to see how the rest of the global acts with the new higher expectations for u.s. oil and gas. >> but does that really feed through? because we've heard the big longer picture argument, clearly a game changer, huge implications. how much of that feeds into oil prices right away? >> well, i think in terms
CSPAN
Dec 25, 2012 7:00am EST
to the fiscal cliff. from "thew bid frittle bit washington times." this is ron from louisiana. caller: good morning. host: who wish to nominate? -- who would you'll nominate? caller: obama. host: what makes him your hero? caller: we were on a major slide when he came into office. he save the automobile and got osama bin laden. he did everything even though the gop did nothing but filibuster. every proposal he has made. the economy is still growing even though everything that has been put against him. host: are there other heroes you look to beside the president? caller: this year i believe he should be the star for what he has gone up against. he was trying to do a reasonable -- get a compromise and the gop was saying their way or nothing . it is costing the nation. host: thank you very much. this comes from twitter. host: i next call is on the independent line. good morning. caller: the bartender that took the videotape of mr. romney talking about the 47%. he showed an insight into the candidate. host: why is he a hero? caller: he had the courage to share with others. host: anybody else in
CNN
Dec 25, 2012 2:00am PST
motive. >> terrible story. a week before the fiscal cliff, tax hikes for all americans and spending cuts that could pull the economy back into recession. ho, ho, ho. that makes everybody happy on christmas morning. president obama spent christmas eve playing a round of golf with friends and the democratic senate looks like the only hope for crushing the deadlock. our white house correspondent brianna keilar maybe with a little bit of news which is pathetic because it's talks within the democratic party, but at least they are talking. >> reporter: that's right. is it really news that democrats are talking? that's all the news we have to report as of today. i know i feel a little bit like a grinch reporting this, but the white house is in talks with senate democrats. that's not really surprising as we look to the senate to be the next -- really the next ones to act on this when they reconvene on the 27th. right now it's really up to senate majority leader harry reid to try to cobble something together that can get some republican support in the senate and the house to avoid the fiscal clif
FOX
Dec 24, 2012 7:00am PST
a little bit as expected. some worry us about the fiscal cliff as it gets closer. the nasdaq and s&p 500 are both down as well. markets close at 10:00 a.m. pacific time. >>> if you still have christmas shopping to do, brian, you're not alone. you will be out there with a few others. a new survey shows 10% of all americans say they will still be in the malls today, christmas eve. some shoppers say they like the energy of shopping right up until the last minute. others say they hate the crowds, but they just couldn't get out to the stores any sooner. >>> and it turns out shoes are one of the most popular gifts this holiday season. shoppers say shoes are one gift they know will be used and the sizes are unlikely to change. footwear ranks fing. they weren't in the top ten last year. >>> the prelude to the lord of the rings movie is still the most popular movie in the u.s. >> the tiny hobbit is running circles around some of the biggest hollywood names. the hobbit and unexpected journey remains number one. >>> this is 40, rise to the gardens and lincoln rounded out the top five. >>> our photo
FOX News
Dec 30, 2012 3:00am PST
huddy in for alisyn camerota. we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet: oh, how about that car? >> that's not something you see every day. >> no. >> "fox & friends" begins right now. ♪ >> hey, everybody. >> juliet: hi, everybody. >> dave: good sunday morning, juliet huddy in for ali. how are you doing, my friend. >> clayton: dave usually gets the coffee. and no coffee around this place. >> dave: i apologize. >> clayton: dave overslept and dropped the ball. >> dave: it happened with my iphone. i woke up an hour too late to my wife shaking me. >> juliet: i don't know what it is about this morning. i'm like in lala land. >> clayton: there is no snow. >> juliet
FOX News
Dec 26, 2012 6:00am PST
. this is "america's newsroom." when we come back we'll debate whether a deal to avert the fiscal cliff is really possible? come on. seriously? as the president cuts his vacation short. patti ann: also some disturbing new details on a gunman's deadly ambush in upstate new york, setting a fire and then shooting the first-responders. gregg: and talk about a holiday miracle. look at this. after a man makes it is mission to find a stranger's wedding ring lost on a snow-covered highway. how could you do that? >> i like to be able to get this back to him. and he can, return, pay it forward to someone else later in life. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpn pie. and apple. 3% back on 4 trips to the airport. it's as easy as.. -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. patti ann: an in
CBS
Dec 28, 2012 5:00am PST
-called "fiscal cliff." tokyo's nikkei gained nearly 1%. hong kong's hang seng added .25%. >>> news of more budget talks sent wall street on a roller coaster ride thursday. stocks ultimately ended the session lower for a fourth consecutive day. the dow lost 18 points. the nasdaq was down 4. >>> the clock is ticking until lawmakers' monday night deadline and still no "fiscal cliff" deal is in sight. sunday the house has been called to an unusual session just in case an agreement is not reached. >>> a new report suggests the looming "fiscal cliff" is forcing consumers to lose confidence in the nation's economy. the conference board said on thursday its consumer price index fell sharply in december for the second consecutive month. >>> a potential strike by dock workers along the east coast and gulf coast threatens to cost the nation's economy billions. more than 14,000 longshoremen are ready to strike sunday. a walkout would shut ports from boston to houston. those ports move as much as 100 million tons of goods each year including everything from flat screen tvs, sneakers and snow shovels. >>> ski
FOX Business
Dec 27, 2012 1:00pm EST
the lowest level in four months and what we are seeing is the fiscal cliff worries could be to blame for the sudden drop. we are not seeing people jump into the markets here. they're moving to the safe haven. the fear index, the upside, volatility, this morning started to the upside, the idea that we will hear from lawmakers, the time got pushed back, we thought it would be around lunchtime or 3:00 and the truth is we have gotten together and working on it but no real findings, no solution and as a result we have this marked under pressure. tracy: we have plenty of time. i always thought you were debbie downer. the new year's resolution is not to go for the fiscal cliff. lori: i will just keep saying and be done. tracy: president obama and the senate back in office, senator harry reid is the latest to say it looks like we are headed to tumble over the cliff. let's check with rich edson with the latest. >> tracy will have to come up with a new term. we will be saying this afternoon years. democrats and republicans deck at each other saying it is your turn to make a move, up to you to
CSPAN
Dec 27, 2012 8:00pm EST
at the countdown to the fiscal cliff. our guest will be damian paletta. then an interview with randallotoole. then a discussion on the economy, poverty, and hunger. an urban's snr fellow. "washington journal" live every morning on c-span. >> california's representative lynn woolsey is retiring this year. she represents the 6th district in california. we spoke with her in november about her time as co-chairman of the progressive caucus as well as her opposition to the iraq and afghanistan wars. this interview is 30 minutes. >> representative lynn woolsey retiring, 20 years in congress. why are you leaving? >> well, i had my --ly say it this way, i was elected 20 years ago on my 55th birthday. do the math and 20 years and 75 years old and it is time for me to retire. >> what is next? >> i'm president for americans for democratic action. i was just re-elected for a second term. i follow in the footsteps of george mcgovernor and others and i will have a national presence and i will be traveling around the world to developing countries with the organization. >> what are you going to be doing with
CSPAN
Dec 26, 2012 1:00pm EST
in and talk about the fiscal cliff and their plans for the next year. we will continue with the forecast of the coming years housing market with lawrence yun, followed by more discussion of the fiscal cliff negotiations as congress returns to washington. we are joined by steve forbes. later, a discussion on background checks, how they work, who gets them, and when they are required. our guest is matt denn it. washington journal live at 7:00 a.m. eastern on c-span. >> i just enjoy that it is straight forward, comprehensive, and you can really sense what is happening without a pundit interjecting, and that is what i really appreciate about c-span. it is definitely a great resource for anyone looking to become more familiar with how government works and the ins and outs of capitol hill. >> c-span, created by america's cable companies in 1979. brought to you as a public service by your television provider. >> now, state and defense department officials testified at a hearing on violence in the eastern congo. a rebel group of congolese army defectors has been terrorizing people. the congolese
MSNBC
Dec 27, 2012 3:00am PST
in the house and the senate to come together in the fiscal cliff. we're going to be talking about the starbucks effort a little later in the show. good morning, ladies and gentlemen. >> good morning. >> good morning. it's thursday, december 27th. i'm mike barnicle in for joe, mika and willie. joining the table, we have political editor and white house correspondent for the huffington post, sam stein. >> hi. >> applause for sam. "fortune's" assistant managing editor, leigh gallagher. and the president of the council on foreign relations, author of "foreign policy begins at home: the case for putting america's house in order." and in washington, vice president and executive editor of msnbc.com and msnbc political analyst, richard wolffe. a minor round of applause for richard wolffe. >> one hand clapping. >> first of all, can anybody here come up with a synonym -- i don't care what it is -- so we don't have to employ the phrase "fiscal cliff" at all during the day? any ideas? anybody got any -- >> how about deadline? >> how about do your job. how about just do your job time. it is ridiculous. a li
CNN
Dec 25, 2012 6:00am PST
cuts will automatically go into effect. if we do go over the fiscal cliff, how will it affect you from your paycheck to your retirement accounts? we're going to give you all the tips you need to protect yourself. here to do that this morning is ry ryan mac, president of opt middle school management. >> kudos for being able to pronounce that honolulu merry christmas saying. >> i don't think i can do it again. ahah! let's start with your paycheck as it applies to the fiscal cliff. if we go off the fiscal live how will mooirn and everybody's paycheck be affected? the majority of the paycheck won't be afeektded until 2014 when people file for 2013 stackses. there are certain things that are impacted right away like the payroll tax cut. for individuals earning about $50,000 a year, they'll be having to pay about $85 less because of the payroll tax cut will be expiring so that will be, again, almost $90 a month that will mere live come into play but the majority of the individuals when 2014, when they file their taxes they might be in for a surprise if we don't get to a deal quickly. >> what
CSPAN
Dec 31, 2012 12:00pm EST
. >> what are you hearing in regard to the fiscal cliff? >> mitch mcconnell has been in negotiations with vice president joe biden. we know they spoke at least twice over night. the last conversation we are aware of was about 6:45 this morning. we don't know the status of those talks. we don't know whether they are its senate offers back or fourth. leaders of both parties have said little this morning. senate majority agree -- leader harry reid came to the floor and did not have much of an update. if there is is going to be a deal today, it will be between mr. mcconnell and mr. biden. there is little in the way of ongoing conversation between mr. reed and mr. mcca mcconnell. >> what about the mechanics of any deal if there is an agreement at least in the senate -- how quickly can come to the floor and how likely is it we can see action on the house floor later today or tonight or tomorrow? >> it becomes tricky. we know what the allies of any deal would be. they have been bandied around for about two years. translating the outline of the deal in legislative language is difficult and t
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